Property profile

115 Mims Ave Newport, TN 37821

OFF-MARKET
Commercial real estate
Property ID
US80-0078712
0.02 ac lot Built 1900
Individually Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1900
Lot 0.02 ac (871 SF)
APN 015047O E 00900
UPID US80-0078712

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

115 Mims Ave Newport, TN 37821
Newport metro Census 920200 NEWPORT, TN MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$725k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$725k

Owner & transaction history

since 2024
Last sale
$725,000
7 recorded transactions
2024
$725,000
2023
Price N/A
2013
$225,000
2012
Price N/A
2011
Price N/A
2007
$199,900
1995
$40,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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